Forbes Middle East: Alarabi Investment Becomes Shareholder in EdTech, with $2.7M Investment in Coded Minds

Saudi-owned Alarabi Investments has become a significant minority shareholder in EdTech company, Coded Minds Limited, investing $2.7 million in the company. With this round of funding, the value of Coded Minds has reached $10.8 million, opening the doors to ambitious expansion plans.

Based in Dubai International Financial Center (DIFC) since March 2018, Alarabi Investments focuses on delivering change, value and impact through investment in prospective opportunities. This investment is the company’s second, after it successfully investing in a Saudi healthcare startup powered by artificial intelligence—the first of its kind in the region.

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